Thailand's SEC plans to include the behind-the-scenes funders of crypto companies in shareholder regulatory reviews

CycleProphet · 2026-04-08T11:39:24+00:00

The Thai Securities and Exchange Commission proposes to include the funding sources behind major shareholders of cryptocurrency companies under regulation, aiming to prevent hidden capital flows and illegal funds infiltration. The proposal covers both direct and indirect financial support and requires the same regulatory scrutiny.

CycleProphet

2026-04-08 11:39:24

Abstract generation in progress

Deep Tide TechFlow message, April 08, according to Cointelegraph, the Thai Securities and Exchange Commission (Thai SEC) proposes to bring the funding sources behind the controlling shareholders of cryptocurrency businesses within the scope of regulatory approval. Regardless of whether they provide support directly or indirectly, they must undergo regulatory scrutiny equivalent to that applied to the shareholders.

The proposal is intended to curb the flow of hidden funds and prevent illegal capital from infiltrating crypto firms. The same rules also apply to conduct that indirectly provides funding support through equity acquisitions. Thai SEC stated that a “material funding support” includes guarantees, contractual arrangements, or any investment instrument that, in substance, places the funding party in the position of a contributor; if the controlling shareholder is a government-related institution, then only ownership at the entity level will be reviewed.

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